Petersburg Place

Posted: 9/18/2019
82 Units
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Petersburg Place

About

About Petersburg Place

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 82-unit Petersburg Place apartment community in Northwest Augusta, Georgia, in the desirable suburb of Columbia County. With a strategic location along busy Riverwatch Parkway within six miles of downtown Augusta, the property offers quick accessibility to major employment, health care and retail centers. Home to some of the state’s best schools, Columbia County benefits from strong demand and rent growth, bolstered by extreme barriers, which have fueled the success of the subject’s in-place upgrade program. Built in 1985, Petersburg Place’s overall market position has been elevated with recent capital investments of over $1M and offers investors more revenue-generating upside as interior upgrades are completed.